Author : Nouriel Roubini
Release : 2004-04-30
Genre : Business & Economics
Kind : eBook
Book Rating : 300/5 ( reviews)
Book Synopsis Bailouts Or Bail-Ins? by : Nouriel Roubini
Download or read book Bailouts Or Bail-Ins? written by Nouriel Roubini. This book was released on 2004-04-30. Available in PDF, EPUB and Kindle. Book excerpt: The study calls for a two-track strategy: first, deep multilateral liberalization involving phased but complete elimination of industrial-county protection and deep reduction of protection by at least the middle-income developing countries, albeit on a more gradual schedule; and second, immediate free entry for imports from high risk low-income countries (heavily indebted poor countries, least developed countries, and sub-Saharan Africa), coupled with a 10-year tax holiday for direct investment in these countries.